A Look Back: Sycamore and Victorias Secret
In this look back episode...
Sycamore Partners and L. Brands are engaged in a battle over the purchase of Victoria's Secret.
According to Sycamore, L. Brands breached the agreement by not paying their rent in the month of April and closed stores due to Covid-19.
L. Brand's has said they will fight the attempt to back out in court.
(Commercial at 9:31)
To contact me:
Bobbycapucci@protonmail.com
source:
https://www.cnbc.com/2020/04/22/sycamore-partners-tries-to-get-out-of-deal-to-take-over-victorias-secret.html